Govt to cap trade margin for essential med devices

In a step towards controlling high prices of commonly used medical devices, the govt is set to identify a list of “essential medical devices”, expected to be a precursor to anti-profiteering measures such as capping trade margins in the range of 30-50%. While some sections call for cap on MRP, the govt is inclined to checking trade margins which might find higher acceptance in the medical-pharma sector.

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